Dana has 18 facilities in India, which include joint ventures as well as a recently launched dedicated EV drivetrain manufacturing facility in Pune
American auto component maker Dana has said that India offers huge opportunities for the company in the EV space and it continues to invest in all its facilities depending upon the demand.
The company earlier this year made a minority investment in Switch Mobility to develop electric vehicle (EV) drivetrains with Ashok Leyland's electric commercial vehicle arm.
Dana has 18 facilities in India, which include joint ventures as well as a recently launched dedicated EV drivetrain manufacturing facility in Pune.
"We are extremely bullish on the high-voltage market. We believe that there is a huge opportunity to tap for Dana which is why investing in the electrification products and increasing our localization to as much as 60-70 percent," Gajanan Gandhe, country head-India at Dana, told PTI.
It will help the company remain in the lead to support all the requirements coming in India, especially following the announcement of the PLI scheme that requires companies to localize and also invest up to a certain level, which Dana is doing, he said.
Dana is a leader in electrification, especially in the high-voltage segment.
Stating that it is quite optimistic about the growth in electrification, he said that even on the low-voltage side where Dana supplies to the two/three-wheelers and small commercial vehicle makers, it sees opportunity, especially in the last-mile mobility.
"We see a good opportunity (in these segments also), especially in the last-mile mobility," Gandhe added.
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